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Altcoin Report: Europecoin Is Back in Action

Source: bitcoin


GameCredits gets bigger than ever, privacy issues surface surround Monero, and an intimate look at Europecoin. Welcome to our second altcoin report! Read on to get the latest news.

Also read: Altcoin Report: Ethereum Classic Crashes From DOS Attack


London-based cryptocurrency platform GameCredits is not even two years old, but it’s making a massive name for itself with help from China. This country now lists it on Yuanbao, one of its largest digital currency exchanges. The company has been around since 2013 and boasts over 200,000 clients.

GameCredits is often touted as currency developed by gamers for gamers. Developers work to utilize the currency for “inclusion in mainstream games,” which are enjoyed by over 15 million registered gamers annually.

CMO Jon Comer expressed enthusiasm over the move, saying:

“For us, this is the ideal partnership at the perfect time. Being able to develop a relationship with Yuanbao in advance of our plans for the Chinese gaming industry is something we felt was very necessary.”


Monero is an altcoin slated as being so private, it has become the “mainstream” currency for drug-sellers on the dark net. Monero received widespread publicity on September 1, 216, when online drug haven AlphaBay announced it would support the coin’s usage on its platform, and its reputation continues to garner more users.

However, it appears Monero has experienced privacy issues in the past. Security firm MWR for example recently came across an “open wound” in Monero that made it vulnerable to thieves looking to steal it from third-party wallets.

Hackers must “fool a Monero user into visiting a web page to initiate the attack,” the firm reported. From there, a theft could easily occur. The vulnerability has since been repaired, but users are warned to keep an eye out for anything that may appear suspicious.


Developed in 2014, Europecoin did not have a successful first run among cryptocurrency advocates. The currency eventually disappeared into the mist, but has since been salvaged by developer Matthias Klees, who hopes to build it into something massive.

Eight months went by of retaining all the original coins. A new web-wallet was built to house them, and Europecoin has since garnered an impressive reputation thanks to its lasting independence from miners.

The team behind its success has grown tremendously, and Klees now looks to enforce Europecoin in areas like Belgium in the hope its blockchain-based abilities will influence political activity.

Know of any good altcoins that we should cover in our reports? Post your comments below!


Images courtesy of Quartz, bitcointalk.org

The post Altcoin Report: Europecoin Is Back in Action appeared first on Bitcoinist.net.

Altcoin Report: Europecoin Is Back in Action

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Lisk Adoption Growing as Currency Added to ShapeShift Exchange

Source: bitcoin


Blockchain development platform Lisk now has its crypto-token LSK listed on ShapeShift, Yuanbao and CoinPayments.

Disclaimer: This article was provided by Bitcoin PR Buzz. Bitcoinist is not affiliated with the firms represented by Bitcoin PR Buzz and is not responsible for their products and/or services.

According to the development team, adoption has been “steadily growing” since the launch, gaining interest from “payment processors and online merchants.”

Now supported by ShapeShift.io, a highly-popular cryptocurrency exchange, traders can buy and sell LSK, instantly converting it to and from other cryptocurrencies. Changer.com and Changelly.com support LSK as well, providing exchange services similar to ShapeShift.

CEO Max Kordek recently visited China to meet with exchanges to talk about expanding LSK’s availability on the crypto-markets. Yuanbao.com and Jubi.com, two of the largest altcoin exchanges in China, decided to support LSK after talking with Kordek.

In addition the the growth in Chinese adoptoin, Polish exchange BitBay.net has added support for several LSK currency pairs, including LSK/USD, LSK/BTC and LSK/EUR.

In another big advancement for the blockchain development project, payment processor CoinPayments has started supported LSK, allowing people to use the currency for online transactions “with a myriad of online shops, all of which are ready to accept LSK.”

These new avenues of LSK acceptance are additions to an already long list of exchanges supporting the currency, such as Poloniex.com, Bittrex.com, YoBit.net, BitMEX.comLivecoin.net, OpenLedger.io, Cryptomic.com, Bloombit.com, and ChameleonBit.trade.

The project says that Poloniex has been particularly innovative in its LSK integration, adding a LSK/ETH pair to their exchange, a move Lisk says is “unprecedented.”

About Lisk

Lisk is a blockchain application platform that offers JavaScript development tools to deploy sidechains and build decentralized applications on top of them. It connects various different decentralized technologies to enable developers to build useful, powerful applications for the real world. Lisk was started earlier this year by Max Kordek and Oliver Beddows.

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Images courtesy of Lisk.

The post Lisk Adoption Growing as Currency Added to ShapeShift Exchange appeared first on Bitcoinist.net.

Lisk Adoption Growing as Currency Added to ShapeShift Exchange